UNIVERSITY 4-10

Operated by HUNT OIL COMPANY (P-5 416330) in the SHEEP MOUNTAIN (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17800District 7CField 82857300OilCasinghead gasSaveExport
Value, all time
$3.0 M
Feb 2012 – Apr 2019
Value, last 12 filed months
$161 k
at the published price for each month
Months reported
87
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 78 leases and 124 wells, and the rule below applies to all of them.

Discovered
2006-12-05
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2006-12-05.

The Commission's schedule remark for this field reads: CORRECTION OF CORRELATIVE INTERVAL 6436-9684. COVERS FROM THE

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition38,047 bbl$2,730,601
Casinghead gasProduction70,412 Mcf$235,921
Total$2,966,522

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.1950, -101.8376. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.19498, -101.83757 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,928 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 9,900 and 9,956 ft, median 9,928 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2012 – Apr 2013
2 of 2 wells

2 wells

42-4613838029,956 ftApr 2013Yes
42-4613766119,900 ftAug 2012Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (87)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

87 months

Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20188111146.594.19$4,238
Nov 201883052.934.24$4,393
Oct 201818739961.443.40$12,845
Sep 201836144459.543.11$22,874
Aug 201868572059.403.07$42,897
Jul 201851335065.142.93$34,443
Jun 201831230260.183.08$19,705
May 201828927365.382.90$19,687
Apr 201830446263.842.90$20,748
Mar 20187679361.222.79$6,863
Feb 201811936361.782.77$8,356
Jan 201838746862.874.01$26,207
Dec 201721150557.272.92$13,559
Nov 20174111,10655.423.12$26,227
Oct 201725787249.292.98$15,269
Sep 201728157247.523.09$15,119
Aug 201719337245.373.00$9,874
Jul 201731358543.873.09$15,537
Jun 201726964942.493.09$13,433
May 201731590445.373.26$17,242
Apr 201740189447.933.21$22,091
Mar 201734668746.772.98$18,232
Feb 201743277850.452.95$24,092
Jan 201752873949.413.42$28,615
Dec 201618027148.763.72$9,786
Nov 201626642542.492.64$12,426
Oct 20164601,09046.193.09$24,616
Sep 20162991,19741.553.10$16,135
Aug 20163491,02441.442.92$17,457
Jul 201633671941.622.92$16,087
Jun 201637662445.352.69$18,728
May 201641398942.521.99$19,530
Apr 201642680536.561.99$17,177
Mar 201651784633.011.79$18,584
Feb 201643479026.472.06$13,118
Jan 201665292327.352.36$20,015
Dec 201553396832.362.00$19,185
Nov 201550770738.792.17$21,199
Oct 201541291243.552.43$20,156
Sep 201538792942.992.76$19,200
Aug 20153651,01540.162.87$17,574
Jul 201542594148.152.95$23,235
Jun 201543093456.152.88$26,837
May 201530799855.212.96$19,899
Apr 201546294449.822.71$25,572
Mar 20155271,07142.892.93$25,746
Feb 20154721,09344.662.98$24,333
Jan 201563894443.433.10$30,635
Dec 201462378154.693.59$36,877
Nov 201442376770.464.25$33,066
Oct 20145401,09478.303.90$46,550
Sep 20146981,22786.164.05$65,103
Aug 201438886289.394.04$38,162
Jul 201423358096.564.18$24,923
Jun 201423078798.164.74$26,305
May 201435775294.734.73$37,373
Apr 20144501,12595.944.81$48,583
Mar 20144111,18195.895.06$45,383
Feb 201421893297.406.19$27,004
Jan 201443254690.404.86$41,707
Dec 20131,1451,29791.824.35$110,782
Nov 201348452988.853.74$44,981
Oct 201354278997.423.78$55,784
Sep 20137893,124104.113.72$93,757
Aug 20131,1063,750104.253.52$128,510
Jul 20131,1722,183102.523.72$128,269
Jun 20131,5764,84994.403.93$167,848
May 20131,6711,90594.834.15$166,365
Apr 201345471393.964.28$45,711
Mar 201319522493.623.91$19,132
Feb 201390122891.233.42$82,978
Jan 201351491.603.42$506
Dec 201289514186.773.42$78,141
Nov 201270910386.953.62$62,021
Oct 201236528189.383.40$33,579
Sep 201271855194.672.92$69,581
Aug 201253149092.662.91$50,627
Jul 20121596185.133.02$4,180
Jun 201229079.822.52$2,315
May 201238525591.612.49$35,904
Apr 20121,0521,244101.652.00$109,420
Mar 20127651,640105.052.22$84,007
Feb 2012130101.102.57$1,314

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Dec 2018 — as filed, then multipliedworked
Oil                   81 bbl  × $ 46.59 =     $3,774
Casinghead gas       111 Mcf  × $  4.19 =       $465

────────────────────────────────────────────────────
Month total                                   $4,238

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7C/O/17800 is the state's own key, not one this site invented.